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Carter Bankshares Declares Quarterly Cash Dividend to Shareholders

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Carter Bankshares Declares Quarterly Cash Dividend to Shareholders

Meet Samuel – Your Personal Investing Prophet

Carter Bankshares ( (CARE) ) just unveiled an announcement.

On April 23, 2026, Carter Bankshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on May 25, 2026 to shareholders of record as of May 11, 2026. Based on the April 21, 2026 closing stock price of $24.44, the dividend represents an annualized yield of 1.64%, underscoring the bank holding company’s ongoing capital return to investors and its current income proposition for shareholders.

The most recent analyst rating on (CARE) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Carter Bankshares stock, see the CARE Stock Forecast page.

Spark’s Take on CARE Stock

According to Spark, TipRanks’ AI Analyst, CARE is a Neutral.

The score is driven primarily by solid but historically volatile financial performance, with improved recent profitability and cash flow. Technicals show an uptrend but mixed momentum, valuation appears reasonable on P/E, and corporate events are a clear positive due to meaningful nonperforming-loan cleanup and a planned buyback.

To see Spark’s full report on CARE stock, click here.

More about Carter Bankshares

Carter Bankshares, Inc., listed on NASDAQ under the ticker CARE, is the holding company for Carter Bank, operating in the banking and financial services industry. The company focuses on providing traditional banking products, including deposits and lending services, to its shareholder and customer base in its regional markets.

Average Trading Volume: 229,178

Technical Sentiment Signal: Buy

Current Market Cap: $541.6M

See more data about CARE stock on TipRanks’ Stock Analysis page.

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